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Goldman Sachs Expects Iron Ore to Keep Falling

iconSep 26, 2017 09:18
Source:SMM
Goldman Sachs expected iron ore price to extend declines, and to fall to $60 per tonne in late year.

SHANGHAI, Sept. 26 (SMM) - Goldman Sachs expected iron ore price to extend declines, and to fall to $60 per tonne in late year.

China’s environmental drive will reduce its iron ore demand in the last quarter of the year.

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